MEWS

MARCH 21, 2024

What is hotel pricing intelligence? Hotel pricing intelligence involves analyzing, gathering, and using data to make informed pricing decisions based on room rates and various pricing strategies.

Pricing 130

Pricing Information Book Marketing 130

Revenue Hub

APRIL 26, 2024

It’s imperative that hotel marketers are able to make data-driven decisions. What This Means: Hotels will need a data warehouse to store both their historical data from Universal Analytics, as well as all data collected within GA4. YoY comparisons reveal recurring peaks and valleys in website traffic, bookings, and revenue.

Accounting 98

Accounting Book Article Definition 98

Hotel Business

APRIL 17, 2024

on 2019 pre-pandemic levels, according to the Independent Accommodation Insights Report from HotelREZ Hotels & Resorts. HotelREZ Hotels & Resorts, a hotel representation company, found thet GDS reservations have grown 51.2% The report also found direct booking continues to experience high growth rates—up 22.5%

Book 111

Book Reservations Procurement Accounting 111

InnQuest

OCTOBER 17, 2023

Striking the perfect balance between fully booked rooms and avoiding overbooking can be a challenging task. This is why our guide discusses how to avoid overbooking in hotels. As is known, overbooking can be a delicate issue for hotels, as it causes disgruntled guests who are unable to check into their rooms.

Reservations 221

Reservations Guest Satisfaction Book Pricing 221

Revenue Hub

MARCH 22, 2024

In the contemporary landscape of hospitality industry, data-driven decision-making has emerged as a pivotal tool for maximising profitability and elevating guest satisfaction in hotels. By analysing past bookings, website interactions, feedback, and demographic information, hotels can gain invaluable insights for informed decision making.

Pricing 96

Pricing Guest Satisfaction Information Book 96

Revenue Hub

APRIL 4, 2024

Although hotel service will always have traditional roots and values, the quality of service – and how it is delivered – is ripe for technological enhancement. Direct bookings are expected to represent 50% of all online bookings by 2024. Fortunately, using AI-driven platforms benefits both the guest and the hotel.

Book 89

Book Guest Satisfaction Customer Service Pricing 89

Hotelogix

NOVEMBER 30, 2023

Online Travel Agents for hotels or OTAs serve as important distribution channels for hotels. OTAs are online platforms or websites that sell hotel rooms to customers. For guests, they are like the ultimate platform to look at multiple options, compare rates, read reviews, see hotels’ online scores, etc.,

Book 147

Book Pricing Marketing Reservations 147

Revenue Hub

APRIL 9, 2024

How to Increase Monthly Hotel RevPAR: To enhance monthly RevPAR, hoteliers must adopt strategic approaches that leverage market insights, guest preferences, and current trends. Here are 10 effective strategies based on real-world hotel feedback. Digital marketing is your way to get new, loyal guests that book directly.

Book 100

Book Reservations Article Marketing 100

InnQuest

FEBRUARY 1, 2023

As we head into 2023, the hotel industry faces several challenges and changes that hotel managers need to be aware of to be successful. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023. Here’s a quick guide hotelier can follow to stay successful in hotel management for 2023.

Pricing 221

Pricing Book Information Budgeting 221

Hotel Owner

APRIL 19, 2024

The average lead time for accommodation bookings has increased 13% year-on-year to 83 days for the coming London Marathon weekend, according to data from SiteMinder. According to SiteMinder’s Hotel Booking Trends, the average lead time for UK hotel bookings grew by 7% in 2023, when compared with 2022, and by 12% when compared with 2019.

Book 98

Book Events Pricing 98

Revenue Hub

APRIL 3, 2024

NB: This is an article from ARO Digital Subscribe to our weekly newsletter and stay up to date For hotels and businesses in the hospitality industry, it’s crucial to recognize that every month is not the same. Analyzing these trends is as essential as finding a four-leaf clover in a field of shamrocks. How can we cope with that?

Travel and Tourism 93

Travel and Tourism Article Book Events 93

Revenue Hub

MARCH 25, 2024

Developing effective strategies to boost direct bookings is paramount for long-term success in the hospitality industry. But why is it important to develop winning strategies to increase direct bookings? Let’s Find Out Six Strategies to Increase Direct Bookings: 1.

Book 96

Book Pricing Article Catering 96

InnQuest

JUNE 6, 2023

When it comes to the future of online travel agencies (OTAs) and their role in the hospitality industry, there are a few key trends and factors to consider. In this post, let us focus on the reasons that will point toward the predictions and trends that have impacted OTAs.

Travel and Tourism 131

Travel and Tourism Book Blog Pricing 131

InnQuest

APRIL 5, 2023

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

Pricing 220

Pricing Book Blog Marketing 220

Revenue Hub

FEBRUARY 21, 2024

In the dynamic world of hospitality, the UK market stands out as a beacon of innovation and adaptation, particularly in the realm of hotel revenue management. As we delve into the latest trends in this field, it’s crucial for hoteliers to stay abreast of these developments to ensure competitiveness and profitability.

Guest Satisfaction 90

Guest Satisfaction Pricing Article Book 90

Hospitality Net

JANUARY 25, 2024

The battle for direct bookings has entered a new phase as online travel agents (OTAs) ramp up efforts to establish ownership of hotel guests and their booking journeys, a new report from hospitality technology specialist SHR Group reveals1.

Reservations 105

Reservations Book Marketing 105

Revenue Hub

FEBRUARY 5, 2024

Hotels hewing to the latest website design trends can deliver an excellent customer experience that converts casual browsers into paying guests. When hotel website design reflects a brand’s look and feel, searchers get a solid first impression from the first click.

Customer Service 89

Customer Service Book Article Communication 89

SiteMinder

APRIL 16, 2024

New data from SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, reveals a 70% rise in the average booking lead time for hotels in Vietnam, following a sharp rise in international arrivals in 2023. The growth supported Vietnam to reach its target of welcoming 12.5

Book 104

Book Reservations Accounting Marketing 104

Hotelogix

OCTOBER 9, 2023

Facebook pages can enhance a hotel’s online presence, increasing online bookings. There are even options to create a Facebook Booking engine, making it possible for customers to book directly from social media. When trying to advertise a hotel, it’s very important to use online channels.

Book 130

Book Accounting Marketing Blog 130

Revenue Hub

APRIL 23, 2024

Moving Beyond Basic Advertising strategies Imagine a marketing analyst who can analyze vast amounts of information about potential guests – their age, location, interests, browsing habits, and even real-time travel trends. This can increase the conversions by two (2) fold – this is the magic of AI in hotel marketing.

Marketing 84

Marketing Budgeting Book Information 84

Hotelogix

NOVEMBER 19, 2023

This article will explore various ways to improve hotel occupancy rates and the role of technology in it.    What is hotel occupancy? For example, if you run a ski resort, you don't have to worry about occupancy during the winter.   Local area events: Local area events can significantly impact your hotel occupancy.

Book 147

Book Pricing Events Guest Services 147

Hotelogix

JANUARY 31, 2024

With actionable strategies and insights into the latest trends, this guide is essential for anyone looking to elevate their guest service capabilities and enhance guest experience.  Guest experience in the hospitality industry is a comprehensive term that encompasses every aspect of a guest's interaction with your hotel.

Guest Services 130

Guest Services Customer Service Demo Book 130

Revenue Hub

MARCH 27, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategy that sees a hotel analyse historical data and trends to make predictions about future demand. Hotel forecasting reports are built on a foundation of data. Why is hotel forecasting important?

Pricing 93

Pricing Special Events Book Article 93

Revenue Hub

DECEMBER 4, 2023

In the hotel industry, understanding and predicting future performance is not just beneficial; it’s essential. By meticulously tracking these indicators, hotels can gauge their success and, more importantly, forecast future performance. The analysis of this KPI becomes even more powerful when segmented by different criteria.

Book 92

Book Article Blog Pricing 92

Hospitality Net

JANUARY 9, 2024

Data analytics can play a crucial role in identifying potential group sales opportunities for hotels. By analyzing large volumes of data, such as customer preferences, booking patterns, competitors, and market trends, hotels can gain valuable insights into the demand for group bookings.

Book 98

Book Marketing 98

STAAH

DECEMBER 18, 2023

Bringing together some of the most trending articles, Here’s a mix of hospitality industry blogs from 2023 that our readers enjoyed the most. 8 Essential reasons to Optimize your Hotel’s Booking Engine A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time.

Blog 84

Blog Travel and Tourism Book Communication 84

STAAH

MARCH 19, 2024

In the competitive hospitality industry, securing direct bookings is vital for hotel success. But why is it important to develop winning strategies to increase direct bookings? Direct bookings boost profits by cutting commission fees and allow hotels to build better guest relationships.

Book 83

Book Guest Satisfaction Pricing Marketing 83

Revenue Hub

MARCH 15, 2024

Hoteliers and revenue managers rely on effective hotel price monitoring to optimize revenue and maximize profitability. By understanding market trends, demand patterns, and competitor pricing strategies, hoteliers can adjust their pricing strategies in real time to attract more guests and maintain a competitive edge in the industry.

Pricing 85

Pricing Budgeting Article Information 85

STAAH

APRIL 23, 2024

Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1. Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.

Pricing 86

Pricing Presentation Marketing Information 86

Revenue Hub

FEBRUARY 1, 2024

In the intricate tapestry of the hospitality industry, Global Distribution Systems (GDS) have long been the favored tools of major players —hotel chains, airlines, and travel agents. However, as we stand on the cusp of 2024, the spotlight turns toward independent hotels and small groups.

Book 89

Book Article Marketing 89

Hotel Owner

MARCH 11, 2024

Generator and Freehand Hotels, boutique and lifestyle hospitality brands, have recorded a surge in 48-hour stays, according to its recently shared key travel trends and insights from its latest 2024 booking data. Additionally, Generator Barcelona’s reservations on the books are up by 30% during the Sónar festival.

Travel and Tourism 52

Travel and Tourism Book Reservations Events 52

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel and Tourism 102

Travel and Tourism Book Reservations Marketing 102

Revenue Hub

DECEMBER 14, 2023

Hotel owners and operators are best positioned for success when they measure their business from every angle. That is why no benchmarking experience can be considered comprehensive without frequent insight into future booking levels in the marketplace. Pickup shows the change in bookings from one data collection period to the next.

Book 92

Book Article Marketing Pricing 92

Revenue Hub

JANUARY 17, 2024

As the hospitality industry gears up for a transformative year in 2024, hoteliers face an exciting challenge – how to capitalise on emerging trends to boost bookings and revenue in the first two quarters. The more personalised the experience, the higher the likelihood of securing bookings.

Book 95

Book Pricing Article Marketing 95

Revenue Hub

NOVEMBER 29, 2023

Group bookings are always the first to suffer in a downturn, but these events can’t stay down for long. The question is: Are hotels ready to accommodate groups? Hotels scored record rates during the summer travel season, but occupancy has yet to peak. The group booking cycle is significantly longer than other travel cycles.

Book 96

Book Events Pricing Catering 96

Revenue Hub

APRIL 16, 2024

Transaction Histories : Detailed records of past bookings, upgrades, on-site expenditures, and service usages. Personalization is more than a hospitality trend; it’s a competitive imperative. Predictive analytics can also forecast future booking trends, enabling proactive adjustments to marketing and operational strategies.

Information 89

Information Article Book Guest Satisfaction 89

Hotel Owner

FEBRUARY 14, 2023

Global traveller confidence is reaching new heights post-pandemic, with booking behaviour trends from 2022 showing decreasing cancellation rates and increasing booking lead times, according to SiteMinder’s new Hotel Booking Trends report.

Reservations 105

Reservations Book Marketing 105